1) To calculate a participant's RMD, you will first open the plan in Relius.

2) Select Processing > Plan Maintenance > 70 1/2 Distribution Calculations.

3) Ensure the appropriate distribution calendar year is selected for the RMD you are seeking to calculate then click search. (Ex. if this is for RMD due in December 2023, 2023 should be selected. If you are trying to calculate a prior year's RMD, select 2022 or whatever the appropriate year is.) This will bring up the list of participants who may be required to take an RMD.

4) Select the participant and click the print icon.

5) Find the highlighted info and plug this into the Schwab calculator at this link: https://www.schwab.com/ira/ira-calculators/rmd. 

*Please remember to scroll down on this RMD statement to confirm if participant has Roth funds. If there is Roth money, you will use this info to calculate the Roth RMD as well.

In this example, the participant's pre-tax RMD is 215656.26 and the Roth RMD is 57.96. Both amounts should be communicated to the participant.